x
By using this website, you agree to our use of cookies to enhance your experience.

Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Agents warned about cash crisis amongst renters under 40

Flatshare website SpareRoom says over a fifth of 18 to 24 years olds have moved back in with their parents to save cash during the pandemic...

Fire leads to five figure fine for property company

A property company and its director will have to shell out £10,000 after a blaze left six tenants homeless in the middle of lockdown. Barnet council discovered...

The new ‘big thing’ in the lettings market - flexible property

There’s a new driver in the lettings market - the need for a flexible location and property type. Market consultancy TwentyCi says demand for this kind of...

Foreign buy to let investors wooed by lender’s reduced rates

One of the most active lenders for international investors in UK buy to let claims to have produced a market-leading mortgage offer. Skipton International is cutting its...

Booming demand for suburbs according to buy to let specialist

Booming demand for homes in commuter zones and well-connected towns is causing a mini-boom in the lettings market. That’s the view of buy to let specialist Thirlmere...

Top Labour figure plans expanded ‘ethical lettings agency’ concept

Greater Manchester’s Labour Mayor, Andy Burnham, says he wants to clamp down on the private rental sector. In his manifesto for next month’s elections, where he is seeking...

New national agency acquires 10 independents agencies in three months

Linley & Simpson and Lomond Capital - which joined forces at the end of 2020 to create a new national agency group - says it’s made...

Virtual Tour providers keen to reassure agents after Devon mishap

Virtual tour suppliers have been keen to reassure agents that there need be no repeat of problems which befell a Devon agent. Fowlers, based in the Dartmoor market...

Free Facebook training offer for regional agents

A regional agency group is providing training courses free of charge to members “for the foreseeable future.” The training - usually heavily subsidised as a benefit of...

Taper notice periods as soon as possible, government urged

A major trade body has called for a tapering down of notice periods for Section 8 and Section 21. The government has already indicated this is likely...

Yet another agent ejected by Ombudsman may be trading illegally

Another lettings agency has been expelled from The Property Ombudsman scheme for failing to pay an outstanding compensation award - but again, TPO suspects it may...

Compliance PropTech firm inks deal with Hunters network

Lettings franchise giant Hunters has struck a commercial deal with a geospatial technology firm. The partnership offers immediate access to Kamma’s full suite of services including its...

Most students want utility charges integrated into overall rents

More students would like to see utility charges integrated into the overall costs of their accommodation, according to a specialist lettings platform. Research by UniHomes shows that...

Agency boasts huge number of virtual viewings during lockdown

A local estate agency network says it has hosted an extraordinary 96,524 virtual viewings during lockdown. The Miles & Barr agency - with 15 branches and a...

Rogue agency may be trading under new name via Facebook, says Ombudsman

A lettings agency that failed to pay a compensation award ordered by The Property Ombudsman has been expelled from the scheme - but is thought to...

Almost 700,000 renters facing eviction says campaign body

A group of rental campaign bodies have come together to claim that some 694,000 tenants apparently face eviction when the current bailiff-enforced eviction ban finally ends.  The...

Is London’s rental market stabilising at last?

London rents climbed for the first time for over a year during Q1 2021 —although the rise was a mere £8 or 0.61 on average. This suggests...

Agency that failed to pay £300 compensation kicked out of Ombudsman

A lettings agent in Slough, called Saville Park Ltd, has been excluded from The Property Ombudsman for failing to pay an outstanding award of £300.  TPO received a complaint from tenants relating to repairs and maintenance of their...

Twin speed rental market goes on as London lags behind UK

The Home website has produced its latest rental market snapshot - and once again London is the odd region out compared with the rest of the...

How do landlords find their agents? Survey compares online with branches

A survey by a comparison website suggests landlords are evenly split about how they find letting agents. Some 28 per cent favour physically searching for agents with High Street...

Agents Alert: Updated government guidance on possession action

The Ministry of Housing, Communities and Local Government has issued updated guidance to include the recent extension of the bailiff enforcement ban. The ban was recently pushed out...

Rental collapse in prime central London nears the end, claims agency

Average rents in prime central London declined 14.3 per cent in the year to March - but one agency reckons that may be good news. That’s because the 14.3...

Rental demand still swinging away from cities, says Rightmove

Demand is still moving away from cities and towards suburbs and rural areas, according to Rightmove. “Areas around the North and South West are the stand-out seller’s...

Agents must accept deals over arrears if all else fails - advice

One of the industry’s leading experts wants letting agents to engage with tenants and landlords over Covid-related arrears, agree to mediation, and if all else fails...

Strong capital appreciation deters landlords selling up, says agency

Buy to let investors are not cashing out of the private rental sector despite the restrictions and taxes imposed by government. Hamptons’ latest research shows that in...

Revealed - Boris Johnson’s choice of agent to let his country house

Prime Minister Boris Johnson is to let his Oxfordshire cottage out - and predictably, he’s chosen an upmarket letting agent. Strutt & Parker has been reported to...

Latest acquisition takes city agency to almost 1,000 managed units

A branch in The Property Franchise Group has snapped up a local independent - and almost 200 additional properties under management.  The Nottingham Sherwood branch of Whitegates,...

Agency warns of Covid uncertainty despite its own strong performance

Franchise giants Belvoir has revealed strong figures in a trading statement to shareholders - but it’s warning that 2021 remains shrouded in uncertainty despite the success...

Rent Controls: Agents join protest against Labour proposals

Letting agents body ARLA Propertymark has joined the criticism of London Mayor Sadiq Khan who wants to be given the power to impose rent controls. “Rent controls...

Ex-Hunters boss claims taxpayers’ money for accommodation as MP

Kevin Hollinrake, who until recently was the chairman of Hunters, has been named in an article about Tory MPs who have buy to let portfolios yet...

Management firm and landlord guilty of 27 safety breaches

A property company and a landlord have each been found guilty of 27 charges relating to the management of two properties in Hertfordshire. Captain Solutions and Faraz...

Two tier market as London rents fall while everywhere else booms

London rents have started to fall again - just as every other region of Britain is showing significant annual increases. Figures for March from the Connells-owned Hamptons...

PropTech boost as inventories service links with Reapit

Inventories PropTech service Inventory Hive has integrated with Reapit via its Foundations platform, meaning agents who use both services will be able to check tenants in...

Rent guarantees could mean more DSS tenants in private sector

Rent guarantees and upfront cash payments from local authorities are the most effective means of opening the private rented sector to tenants on benefits, claims a...

Agency targeted for day of protests against evictions

At least one lettings agency is on a list of targets for socially-distanced protests tomorrow by anti-eviction campaigners in the left wing Momentum organisation. RS Estate Agents...

Central London lettings revenue plummets up to 20% admits agency

Winkworth says its London rental activities have suffered because of a lack of international travel, and students and young professionals returning to family homes in the country.  In...

Government slammed over holiday lets mixed messages

A lettings management platform is hitting out at the government over the uncertainty surrounding travel restrictions, because of its impact on the holiday lets industry, agents...

Property chief stands up for importance of pets in homes

As debate rages about whether pets should be allowed in more private rental properties, a senior house building figure has spoken up for the importance of cats, dogs...

Government reveals details of arrears mediation scheme

The government has at last released details of its mediation scheme - this was hinted at when Housing Secretary Robert Jenrick last extended the ban on...

All Change! How the pandemic has shifted tenants’ demands

It’s not just the owner occupier whose property demands have changed radically because of the pandemic - a new survey suggests it’s the same for tenants. Some...

Sharp uplift in tenant demand as lockdown starts to ease

A quarterly index suggests that there’s been a sharp uplift in tenant demand for rental properties across the UK’s major cities as lockdown starts to ease.  Of...

Franchise of the Year named as agency’s spectacular annual awards

Franchise giant Belvoir has held its annual awards including the naming of the prestigious ‘franchise of the year’. The accolade went to Gary and Amanda Pemberton and...

Agents demand radical overhaul of eco-targets for rental sector

Agents and other industry players have penned an open letter to government demanding a radical overhaul of targets for energy efficiency in the private rental sector. The Lettings Industry...

Rents up again - fourth increase in four months

Average rents across the UK have risen for the fourth time in as many months according to the HomeLet index. Typical rent is now £992 per month...

Revealed - London postcodes still in favour with investors and buyers

London lettings and estate agency Benham and Reeves has calculated a league table of the most popular postcodes in the capital for investors and owner occupier...

Lettings agency moving into sales after snapping up rival firms

Letting agency My Property Box is moving into property sales as part of a significant expansion of its business. The decision follows the acquisition of Bishop Auckland...

Banning Orders: just 39 issued, three years after implementation

Some 39 agents and landlords have had banning orders over the past three years according to a report in The Guardian. Under the 2016 Housing and Planning Act,...

Takeover frenzy continues as franchise giant snaps up rival agency

Consolidation within the industry continues apace with the Belvoir Group acquiring the Nicholas Humphreys Franchise Limited in a move announced over Easter. Nicholas Humphreys consists of a...

Top agency wants to grab a slice of the Build To Rent market

Leaders Romans Group is launching a consultancy and management service for Build To Rent developers - a bid to engage with institutions in the BTR sector from before...

Agents urged to create paper trail on electrical compliance

Changes to electrical safety standards rules applying to existing tenancies came into force at the start of the Easter break and agents are now advised to...

MovePal MovePal MovePal